In September, Best Buy began selling the device, making it the first mass-market retailer to do so. Before that point, the iPhone was only available direct from Apple or from AT&T stores.
Although unconfirmed by both Apple and Wal-Mart, BoyGeniusReport is saying that they have received a tip that Apple will make a 4GB model of the popular iPhone 3G available at the giant retailer for only $99 USD with 2-year contract.
Having the phone priced so low would make it readily available to most consumers, especially those that don't care so much about having tons of music or movies on their phone and also want to be able to go out and say "I have an iPhone!"
Apple initially sold a 4GB model of the 1st generation iPhone but dropped it from its lineup when it introduced a 16GB model. The 4GB models' price back then? $399 USD.